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Property profile & analytics
OFF-MARKET Estimated value $1,390,000
Retail space

30747 10th Mile Rd Farmington Hills, MI 48336-2605

8,346 SF 0.66 ac lot Built 1972
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US43-0217025
Property summary
AI-generated overview

This exceptional 11,362-square-foot warehouse, situated on a 0.66-acre lot at 30747 W 10 Mile Road in Farmington Hills, Michigan (48336), presents a compelling investment opportunity. Priced at $1,100,000, this industrial property boasts a wide-open floor plan ideal for various uses. A functional mezzanine adds valuable extra space, while features like a generator and LED lighting enhance efficiency and operational cost savings. The property includes 2,463 square feet of dedicated office space, providing ample room for administrative functions. The warehouse benefits from main road frontage on W 10 Mile Road, ensuring high visibility and convenient access. The improved corridor and proximity to a freeway further enhance its logistical advantages. Practical features such as epoxy floors and floor drains add to the property's functionality and ease of maintenance. This well-maintained warehouse is located in Oakland County and offers a blend of modern amenities and strategic location, making it an attractive option for businesses seeking a functional and accessible space. The property's size, features, and location combine to create a strong investment opportunity in a thriving Michigan market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1972
Total area 8,346 SF
Lot 0.66 ac (28,575 SF)
Zoning code BI
APN 22-23-26-101-011
UPID US43-0217025
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.38M
Comparable Approach Comparable
$1.79M
Blend (final) Blend
$1.39M
Owner & transaction history
B & B Equities LLC · 16 yrs held
B & B Equities LLC
since 2010
3 recorded transactions
2016
Price N/A
2010
Price N/A
1999
$600,000
Zoning & alternative use
BI · Farmington Hills, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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